Dear All,
We are facing a peculiar problem while deducting tds on payment of Leave Encashment at the time of retirement.

The first question is when the leave encashment accrues to the employee for assessing taxability of the same?
For ex- If Mr. A is retiring on 31st March,2014 whether Income of Leave encashment will accrue on 31st March,2014(on the last day of service)(in the F.Y. 2013-14) or on 1st April,2014 (on the first day after retirement) (In the F.Y. 2014-15). Mostly it is paid after two or days of retirement.

Second issue us when tax on the same will be deducted?.

what is gmcs program

one of my client is purchasing the goods for their office usage under CST Act shall my client is eligible go get c form from the department?

I did the registration yesterday bt forgt to tke the printout. please help me. wht can i do now?

Is carry forward of losses(Excess income applied)allowed to the trusts?

lets assume i have order product worth rs 260000 and supplier charge VAT only...so my question is that should TDS is also deducted or not..???

What are the courses avilable for CA-Final student after completing B.COM?

i have scored 95.6 % in 12th this year .
but iam confused what should i do b com correspendence plus ca or bcom regular plus ca (taking a break from ca after ipcc)?
secondly i can easily get admission in good colleges in du but if i go for correspondence bcom will i regret??? urgent expert advice

If we received C&FA [CLEARING & FORWARD AGENT] single invoice for below charges

Agency charges + Service Tax
Other reimbursement Charges – not tax

Then TDS will deduct on full invoice or only on agency charges

Please help

I was a faculty in Management college with full time till Dec. From Jan, I started Visiting faculty. I have 2 Forms now, Form16 (From my institute where I was full time) and Form 16A from my new institutes.

My query is which ITR Form I should use..Please note both jobs were not concurrent....